Tokenomics
  • Gypsy Tokenomics
  • Tokens
    • USDG
      • USDG Backing Assets
      • End-to-End Transparency
    • GPSY
      • Token Valuation
      • Minting
      • Burning
      • Liquidity
      • Gypsy Backing Price
      • Price Stability Mechanisms
    • LGPSY
  • NFT Titles
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  • Asset breakdowns are as follows:
  • Cash & Cash Equivalent & Commercial Paper breakdown:
  • How does $USDG manage its backing holdings?
  1. Tokens
  2. USDG

USDG Backing Assets

How USDG maintains its 1:1 peg

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Last updated 2 years ago

Besides maintaining a hard 1:1 peg, the actual cash reserves are deployed to limit storage liability yet maintain high liquidity. Gypsy's holdings can be seen in real-time on the on gypsytoken.org. Gypsy will post monthly documents going over holdings

Asset breakdowns are as follows:

Holding
Percentage

Cash & Cash Equivalent & Commercial Paper

90%

Corporate Bonds & Funds & Precious Metals

4.5%

Secured Loans (none to affiliated entities)

5.5%

Cash & Cash Equivalent & Commercial Paper breakdown:

Holding
Percentage

U.S. Treasury Bills

55%

Commercial Paper & Certificate of Deposits

29%

Money Market Funds

9.8%

Cash & Bank Deposits

5.8%

Non-U.S. Treasury Bills

0.4%

Reverse Repurchase Agreement

1%

How does $USDG manage its backing holdings?

Gypsy holds all cash deposited throughout the day and makes a purchase of non-cash assets at 12 pm EST every day. If there is a large withdrawal from USDG holders, then Gypsy will automatically begin selling non-cash assets for cash to always maintain liquidity.

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